Author: Benjamin Lee
Cronos (CRO) token eyes rally as Crypto.com hits another regulatory milestone. The Crypto.com team announced it received a MiFID license. Optimism across crypto, as well as this milestone, could spark a bullish rally for the Cronos price. Cronos (CRO) is eyeing a potential rally as Crypto.com, the company behind the token and Crypto.com exchange, secures another significant regulatory milestone. With the Markets in Financial Instruments Directive (MiFID) licence secured, CRO looks poised to ride positive sentiment for a breakout. While it’s not just Crypto.com’s regulatory traction that’s in focus, the expansion amid broader adoption could be massive for the Cronos…
A closely followed crypto analyst is predicting Ethereum’s (ETH) path to all-time highs, as well as updating his outlook on two other big altcoins. Trader Michaël van de Poppe tells his 786,500 followers on the social media platform X that he’s expecting ETH to start making a run to $4,800 with anything below the $2,400 level a bargain for bulls. “Anything sub $2,400 on ETH is, after this big move upwards, a steal before we’ll start to run of towards the ATH’s (all-time highs) for Ethereum.” Source: Michael van de Poppe/X At time of writing, ETH is trading at $2,387,…
Galaxy Digital chief executive Mike Novogratz believes the market cap of Bitcoin (BTC) and crypto will eventually catch up to the valuation of one soaring asset. In a new CNBC interview, the billionaire says that crypto’s correction earlier this year is largely due to an overexuberant investor sentiment along with the launch of speculative assets, including the Official Trump (TRUMP) memecoin. But Novogratz notes that the markets needed the correction to cool off and set the stage for Bitcoin and crypto to surge to new all-time highs. “We had a euphoric top right around [Trump’s] inauguration and a combination of…
A widely followed crypto analyst says that one top-20 altcoin will eventually skyrocket by 85% while updating his outlook on Bitcoin (BTC) and the meme asset dogwifhat (WIF). In a new thread, crypto trader Altcoin Sherpa tells his 245,800 followers on the social media platform X that layer-1 blockchain Hyperliquid (HYPE) is a standout digital asset that will eventually hit a price tag of over $50. “Some interesting looking charts out there. HYPE is a standout, I still own zero right now but this is still one of the best projects in crypto and I will continue bull posting it.…
Blockchain tracking platform Lookonchain says a crypto trader has turned less than ten thousand dollars into millions in just one month by betting on a crypto project built in the Solana (SOL) ecosystem. According to Lookonchain, the unidentified trader purchased the native token of the social finance (SocialFi) crypto project Launch Coin on Believe (LAUNCHCOIN) worth approximately $9,075 and turned it into $4.7 million, a 517x return. Source: Lookonchain/X Lookonchain further says another trader, pseudonymously known as Pow, has recorded an over 7x return on LAUNCHCOIN. “From near zero to $2.7 million — absolute legend! Three months ago, @traderpow spent…
The world’s largest crypto exchange platform by volume is adding support for a new decentralized gaming altcoin, launching a price explosion. In a new announcement, Binance says it’s adding support for Nexpace (NXPC), a recently launched blockchain-based gaming ecosystem associated with the popular South Korean MMORPG (massively multiplayer online role-playing game) MapleStory. “Binance is excited to announce that Nexpace (NXPC) will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, and Binance Margin.” According to its official whitepaper, NXPC is not only the token used for paying network fees over the blockchains, but it’s also designed to be interchangeable…
Digital asset investment vehicles are setting record yearly flows after a month of inflows, according to leading crypto asset management firm CoinShares. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says that crypto exchange-traded products (ETPs) enjoyed nearly a billion dollars in inflows last week alone. “Digital asset investment products recorded a fourth consecutive week of inflows, totaling US$882m globally. Year-to-date (YTD) inflows now stand at US$6.7bn, approaching the US$7.3bn peak reached in early February this year. We believe the sharp increase in both prices and inflows is driven by a combination of factors: a global rise in…
A widely followed analyst believes that altcoins are about to explode while massively outperforming Bitcoin (BTC). Crypto strategist Michaël van de Poppe tells his 786,000 followers on the social media platform X that he sees altcoins igniting a strong uptrend that could last for many weeks. According to the analyst, the altcoin market cap versus Bitcoin (TOTAL3/BTC) chart is flashing a bullish divergence, indicating that alts are poised to steal the crypto king’s thunder. TOTAL3 tracks the total market cap of crypto, excluding Bitcoin, Ethereum (ETH) and stablecoins. Meanwhile, a bullish divergence suggests that buying momentum is rising even though…
A leading real-world asset platform with nearly $4 billion in tokenized securities under management is partnering with VanEck to launch the global investment firm’s first tokenized fund. In a new press release, VanEck announces the launch of VanEck Treasury Fund (VBILL) in partnership with Securitize. VBILL is available for use on Avalanche (AVAX), BNB Chain (BNB), Ethereum (ETH) and Solana (SOL), all layer-1 blockchains. Says Carlos Domingo, Co-Founder and CEO of Securitize, of the partnership, “We are proud to continue enhancing how investors access tokenized securities. This collaboration merges the best of Securitize’s fully integrated tokenization model with VanEck’s deep expertise…
A widely followed analyst believes that crypto is poised to replicate a bubble witnessed in the late 1990s, triggered by a surge in internet adoption. Trader Michaël van de Poppe tells his 785,900 followers on the social media platform X that he’s extremely bullish on the crypto market as mainstream institutional players begin to embrace the asset class. According to Van de Poppe, conditions in the crypto market are reminiscent of the Dot-com era, when tech and web-based firms saw their valuation skyrocket as investors piled in and became overexuberant on the emerging sector. “All I know: This is the…